<<

VILLAGE DEVELOPMENT SITE

LAND AT PENYBONT FARM, , , SY18 6SG

• 0.73 acre (0.295 ha) • Full planning permission for 8 houses • Further information available INTRODUCTION

A green field site of approximately 0.73 acre in a village location with full planning permission for eight houses. Unconditional offers are preferred.

LOCATION

The site is located within the village of Llangurig, Powys, approximately 5 miles south- west of , 19 miles from Newtown and 52 miles from Shrewsbury. The market town of is 10 miles to the south and the university town of Aberystwyth is 25 miles to the west.

There is railway station in (13 miles) offering a link to Shrewsbury in 50 minutes.

A location plan is attached to the rear of these sales details.

DESCRIPTION

The site extends to approximately 0.73 acre (0.295 ha) and is currently used as a paddock. Access is off the public highway at the western end of the site. The site also has frontage on to the A44 at the eastern end of the site.

The site is green field and is generally level.

PLANNING

The site lies within the jurisdiction of . Full planning permission was granted by the previous Montgomeryshire District Council in 1994 for the “erection of 10 dwellinghouses and formation of vehicular access” under application reference M23449.

This planning permission was accompanied by a Section 106 Agreement dated 16th May 1994 and requires that two of the houses have a local occupancy restriction.

The planning permission was subsequently renewed on 17th December 1998 under application reference M98842 with the following description:

“Erection of 10 dwellinghouses and formation of vehicular access (renewal of permission M23449) at Land adjoining Penybont Farm, Maes Curig, Llangurig”

Copies of the planning permission and Section 106 are available from the selling agents.

Our client commenced construction of foundations to plots 3 and 4 in September 2003, works which were registered under Powys County Council Building Control reference PM/JPF/2003/0360.

The first section of the access road (capable of being upgraded to adoptable standards) was constructed in 2004 at a total cost of £25,532 under Powys County Council Consent Reference V0678 dated 13th December 2004. The above works mean that the 1998 planning permission is extant i.e. “live”.

Plots 1 and 2 at the western end of the site were subsequently sold and an attractive “Border Oak” style house was constructed thereon. The remainder of the site which we are instructed to sell can accommodate eight of the original 10 consented houses.

HIGHWAYS DEPOSIT

Our client was required to lodge a deposit with the Council in 2004 under the Advanced Payments Code (APC), the benefit of which will transfer to the purchaser of the property. The APC required a deposit to be paid to the Council which will be released to the Purchaser upon adoption of the proposed highways access.

Including interest, the deposit is now £18,799.85 (as at 31/3/16) and so this amount must be reflected in your offer price.

TENURE

The freehold interest is for sale with vacant possession upon completion.

GUIDE PRICE

We are seeking £170,000 including the benefit of the highways deposit (see above). VAT will not be charged.

LEGAL COSTS

Each party will bear their own legal costs in the transaction.

VIEWING & FURTHER INFORMATION

If you require access on to the site then please contact First City to make arrangements.

Further information is available from First City; contact Christopher Bywater on 01902 710999 or [email protected]

SUBJECT TO CONTRACT

LOCATION PLAN:

First City Limited, First City House, 19 Waterloo Road, Wolverhampton, West Midlands, WV1 4DY tel: 01902 710999 fax: 01902 422856 www.firstcity.co.uk

IMPORTANT: First City Limited give notice for itself and for those on whose behalf it acts that a) these particulars are prepared for the convenience of an intending purchaser or tenant and although they are believed to be correct, their accuracy is not guaranteed and any error, omission or mis-description shall not annul the sale or restrict the grounds on which compensation may be claimed and neither do they constitute any part of a contract, b) any intending purchaser or tenant must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars c) all prices and rentals quoted are exclusive of VAT (if chargeable) d) no person in the employment of First City has any authority to make or give any representation or warranty whatever in relation to this property e) the reference to any plant, machinery, equipment, fixtures and fittings at the property shall not constitute a representation (unless otherwise stated) as to its state and condition or that it is capable of fulfilling its intended function. Prospective purchasers/tenants should satisfy themselves as to the fitness of such items for their requirements.

Registered in England Regulated by RICS no. 1764529

Cert No. FS34830